Friday, September 26, 2008

YOUR VOTE WILL COUNT THIS TIME

Your vote will count this time!!!
David -- Think of all the people you know -- your friends, family, colleagues, and neighbors. What if every one of them voted on Election Day? That's a lot of votes. But odds are, many of them aren't registered -- or aren't sure if they are. Now there's an easy way to learn your status and get registered. Our new one-stop voter registration site, VoteForChange.com, lets you do it all: check your registration status, register to vote, request an absentee ballot, and find your early voting site or polling location. Take a minute today to check out VoteForChange.com, and encourage your friends and family to do the same:

Friday night's debate Obama presses on --"-Americans need to hear from the person who will be the next president. It is part of the president's job to deal with more than one thing at once." I don't want to infuse Capital Hill with presidential politics". -- Barack Obama http://voteforchange.com/

Friday, September 19, 2008

SEC bans short-selling

Fri Sep 19, 6:19 AM ET

WASHINGTON - The Securities and Exchange Commission took the dramatic step early Friday of temporarily banning the routine practice of betting against company stocks.



The move, announced on the agency's Web site, may well be unprecedented and a reflection of regulators' concern about the widening scope of the financial crisis as entreaties come from all quarters to stem a swarm of short-selling.
In the announcement, the commission said it was acting in concert with the U.K. Financial Services Authority in taking emergency action to "prohibit short selling in financial companies" to protect the integrity of the securities market and boost investor confidence.
"The commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets," SEC chairman Christopher Cox said in a statement. "The emergency order temporarily banning short-selling of financial stocks will restore equilibrium to markets."
The move, he said, would not be necessary in a well-functioning market and is only a temporary step that is part of the actions being taken by the Federal Reserve, the Treasury and Congress.
A recent wave of the market maneuvers — where traders seek to profit by selling unowned shares of companies in the anticipation their prices will drop — has been blamed in part for the demise of venerable investment firm Lehman Brothers and other big companies.
Cox, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke held a closed-door meeting Thursday night with members of Congress.
The SEC said its action calls a time-out to aggressive short-selling in financial stocks and said it would consider measures to address short-selling in other publicly traded companies.
Short-selling, in a normal market, contributes to efficiency while adding liquidity to the markets. But now, the SEC said, it appears that "unbridled" short-selling was contributing to the sudden price declines in the securities of financial institutions.
On Wednesday, New York Sens. Charles Schumer and Hillary Clinton, both Democrats, appealed to the SEC for such a temporary ban, saying the watchdog agency "has the power to take a temporary but important step to help restore a measure of stability to our financial markets."
The California Public Employees' Retirement System, the nation's largest pension fund, said that starting Thursday it is no longer lending out shares of Goldman Sachs Group Inc. and Morgan Stanley, joining a growing number of public pension funds that are attempting to curb short-selling of two investment banks' stocks.
Information for all seniors -----Posted by-http://davidsradiotv2000.blogspot.com
From Yahoo.com










Tuesday, September 02, 2008

Digital TV Transition Get ready for 2009


DIGITAL TV TRANSITION: Get ready for 2009
DTV Converter Box alternatives You don’t have to wait.
DTV Coupons How to get your $40-off government coupon.
Digital TV FAQ Learn more about the change to digital TV.
THE SWITCH TO DIGITAL TELEVISION
Converter boxes
Should you get a digital TV adapter for your old TV? Our handy primer can help you decide.
By Steven Sande
What is a digital TV converter box?
A digital TV converter box hooks up to a conventional analog TV set, allowing it to receive digital broadcasts. This device, about the size of a cable box or smaller, is sometimes called a “digital-to-analog converter box,” “set-top converter box” or “digital TV adapter.”
Do I need a converter box?
If you watch TV over the air, using an antenna or “rabbit ears,” you will need to get either a converter box or a digital TV by February 17, 2009.
• I have cable TV service•.
How much do converter boxes cost?
The price is expected to be somewhere around $60. But because the federal government will provide coupons worth $40 off the cost of a converter box, the consumer’s share should come out to about $20.
• Read more: DTV converter box prices
How do I get a converter box coupon?
The National Telecommunications and Information Administration (NTIA) will make coupons available to U.S. households that request them beginning January 1, 2008. Funding for the coupon program may not be sufficient to provide a rebate to every American who wants one, according to some analysts. So you might want to put in your request as soon as the program launches.
• Read more: Visit the Ntia Website

at http://www.Ntia.doc.gov/